That compared with 1.68 million tons a month earlier, the
Kiev-based agricultural researcher said today in an e-mailed
statement.

Corn shipments declined to 588,440 tons in January compared
with 1.24 million tons in December, according to the statement.
Wheat exports fell to 120,900 tons from 393,360 tons a month
earlier.

The country’s wheat exports will probably decline in the
short term, ProAgro said, and may rebound in the medium term
should Russia start limiting grain shipments from April 1, the
researcher said. All market participants expect wheat prices to
rise in the near future, according to the statement.